María Conchita Alonso

The Metals Company Provides Q1 2023 Corporate Update

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the first quarter ending March 31, 2023.

Key Points: 
  • NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the first quarter ending March 31, 2023.
  • Marine minerals are emerging as a strong potential source to help meet growing metals demand.
  • General and administrative expenses were $6.2 million for the quarter ended March 31, 2023 compared to $8.5 million for the quarter ended March 31, 2022.
  • ET to provide an update on recent corporate developments, first quarter financial results and upcoming milestones.

European and US Natural Gas Prices Rise On Supply Shortage Fears

Retrieved on: 
Wednesday, December 29, 2021

NEW YORK, Dec. 29, 2021 /PRNewswire/ -- Russia's inactive Nord Stream 2 pipeline and cold weather forecasts through the end of December caused a rally in European natural gas futures and sent US natural gas futures up 4% on Monday.

Key Points: 
  • NEW YORK, Dec. 29, 2021 /PRNewswire/ -- Russia's inactive Nord Stream 2 pipeline and cold weather forecasts through the end of December caused a rally in European natural gas futures and sent US natural gas futures up 4% on Monday.
  • The 11% jump in European gas prices should keep US liquefied natural gas (LNG) exports near record highs.
  • SINU-9 is a large 311,353 acre block adjacent to Canacol Energy (TSX:CNE), Colombia's largest independent natural gas producer, which produced 183 MMSCFPD in 2021 right next door.
  • NG Energy'sfocus on natural gas puts the company in a strategic position to gain from the global energy transition towards renewable energy, while tapping into Colombia's premium-priced gas market.

European and US Natural Gas Prices Rise On Supply Shortage Fears

Retrieved on: 
Wednesday, December 29, 2021

NEW YORK, Dec. 29, 2021 /PRNewswire/ -- Russia's inactive Nord Stream 2 pipeline and cold weather forecasts through the end of December caused a rally in European natural gas futures and sent US natural gas futures up 4% on Monday. The 11% jump in European gas prices should keep US liquefied natural gas (LNG) exports near record highs. Recent months have seen global gas prices hit record highs as utilities across the globe scrambled for LNG cargoes from the US and elsewhere to replenish low stockpiles in Europe and meet surging demand in Asia, where energy shortfalls have caused power blackouts in China. With gas prices around $35 per mmBtu in Asia and $38 in Europe, compared with about $4 in the US, buyers around the world will likely continue purchasing all the LNG the US can produce. Amidst this storm of rising natural gas prices, soaring demand, and tight supply, natural gas companies such as NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF), Camber Energy (NYSE: CEI), Callon Petroleum Company (NYSE: CPE), Ecopetrol (NYSE: EC), and Baytex Energy Corp. (TSX: BTE) could be looking at massive gains for shareholders as they leverage increased cash flows.

Key Points: 
  • NEW YORK, Dec. 29, 2021 /PRNewswire/ -- Russia's inactive Nord Stream 2 pipeline and cold weather forecasts through the end of December caused a rally in European natural gas futures and sent US natural gas futures up 4% on Monday.
  • The 11% jump in European gas prices should keep US liquefied natural gas (LNG) exports near record highs.
  • SINU-9 is a large 311,353 acre block adjacent to Canacol Energy (TSX:CNE), Colombia's largest independent natural gas producer, which produced 183 MMSCFPD in 2021 right next door.
  • NG Energy'sfocus on natural gas puts the company in a strategic position to gain from the global energy transition towards renewable energy, while tapping into Colombia's premium-priced gas market.